"As reported by CNBC, TikTok CEO Shou Zi Chew sent an email to staff notifying them of the deal, which will come into effect on Jan. 22, 2026, a day before the expiry of President Trump's fourth Executive Order to withhold enforcement of the "Protecting Americans from Foreign Adversary Controlled Applications Act.""
"TikTok CEO Shou Zi Chew told employees on Thursday that the company's U.S. operations will be housed in a new joint venture named 'TikTok USDS Joint Venture LLC'. As part of the joint venture, Chew said the company has signed agreements with the three managing investors: Oracle, Silver Lake, and Abu Dhabi-based MGX."
"According to Chew's announcement, the new TikTok U.S. entity will be responsible for "re-training" the algorithm on U.S. user data, " to ensure the content feed is free from outside manipulation. ""
TikTok CEO Shou Zi Chew sent an email to staff notifying them of a deal that will take effect on Jan. 22, 2026, one day before the expiry of President Trump's fourth Executive Order to withhold enforcement of the Protecting Americans from Foreign Adversary Controlled Applications Act. The company's U.S. operations will be housed in a new joint venture named TikTok USDS Joint Venture LLC. The company has signed agreements with three managing investors: Oracle, Silver Lake, and Abu Dhabi-based MGX. The new U.S. entity will be responsible for re-training the algorithm on U.S. user data to ensure the content feed is free from outside manipulation.
Read at Social Media Today
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